DORTHE CHRISTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 31577314
Vestrupvej 22, 9493 Saltum
tel: 23432871

Credit rating

Company information

Official name
DORTHE CHRISTENSEN ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About DORTHE CHRISTENSEN ApS

DORTHE CHRISTENSEN ApS (CVR number: 31577314) is a company from JAMMERBUGT. The company recorded a gross profit of 1.5 kDKK in 2023. The operating profit was -87.9 kDKK, while net earnings were -45.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DORTHE CHRISTENSEN ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit253.69- 407.34279.50- 102.971.54
EBIT102.50- 555.42130.66- 217.78-87.92
Net earnings67.15- 464.6596.96- 258.38-45.66
Shareholders equity total1 024.99560.34657.29398.92353.26
Balance sheet total (assets)5 062.834 774.204 870.334 811.464 724.67
Net debt3 727.743 929.033 581.103 843.644 020.25
Profitability
EBIT-%
ROA2.1 %-11.3 %2.7 %-4.5 %-1.8 %
ROE6.8 %-58.6 %15.9 %-48.9 %-12.1 %
ROI2.2 %-11.8 %2.8 %-4.8 %-1.9 %
Economic value added (EVA)69.76- 482.22120.69- 232.34-72.68
Solvency
Equity ratio20.2 %11.7 %13.5 %8.3 %7.5 %
Gearing369.1 %715.5 %600.8 %1012.4 %1204.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.50.40.50.50.5
Cash and cash equivalents55.3580.12367.67194.94232.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.84%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.48%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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